NACD and ELF Beauty Join Forces to Change the Landscape of Corporate Boardrooms

The National Association of Corporate Directors (NACD) – the authority on boardroom practices representing approximately 24,000 directors nationwide – has forged a partnership with ELF Beauty.

 

Currently, there are four public companies in the US out of more than 4,200 with a board of directors that is two-thirds women and one-third diverse—one of which is ELF Beauty. The company puts women and diversity in the highest level of decision-making power with 19 consecutive quarters of growth.

 

Since its founding 20 years ago, ELF Beauty—whose acronym stands for “eyes, lips, face.”— has aimed to make the “best of beauty” accessible through premium quality cosmetics and skin care sold at an affordable price point. Through its partnership with NACD, Happi Top 50 Company ELF Beauty is playing a meaningful role in helping organizations assemble diverse and inclusive boards.

 

“We are honored to join NACD to impact positive change,” said Tarang Amin, ELF Beauty chair and CEO. “It takes intention to create change, and like NACD, ELF Beauty is passionate to influence diverse, equal, and inclusive boardrooms. At ELF, we have demonstrated that diverse governance drives long-term business growth and unlocks the full potential of a company. We are deeply committed to helping other companies diversify their boards and shape cultures to create positive, empowering, long-lasting change.”

ELF will sponsor board preparation training for 20 director candidates through the NACD Accelerate program. The candidates will be sourced by NACD, ELF Beauty and a variety of NACD-affiliated partners that work with the Center for Inclusive Governance. NACD Accelerate is a unique, two-year program that creates a pathway for executives with little or no experience in the boardroom to prepare for board service.

 

ELF will be a sponsor of the NACD Center for Inclusive Governance (CFIG). CFIG focuses on DE&I governance and oversight and on bringing together the expertise, resources, and influence to create systemic change to shape the American boardroom.

 

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